Millions of Americans are bound to be distressed when faced with penalty for lack of insurance last year as they will have to pay $95 or 1% of the family's income to the government.
As this is the first time people will face penalties under the Affordable Care Act and according to opinion polls that many of the uninsured people did not fully comprehend the law's deadlines, subsidies and fines, so obviously the fines would not be a welcome surprise.
Employers Shop for Health Insurance Plans Under the Affordable Care Act Guidelines for Their Employees
Employers will soon be bound to decide on plans for their employess health insurance or face fine.
Advertisement
Obama administration was planning to make this entirely predictable situation worse, but, Health and Human Services Department is in the process of ameliorating the sting that some uninsured will soon face.
The ACA's penalties for lacking health insurance in 2015 will be higher than the $95 assessed on those lacking coverage in 2014 with the deadline of 2015 still pending. Common people would not understand the depth of penalties till the time they had to fill out actual tax forms till April 15. Absent the administration's new policy, there could have been a large class of people who didn't have health insurance, had to pay an unexpected penalty for lacking coverage in 2014 and, once they realized their situation, would not have been able to avoid paying another penalty next tax season for lacking coverage in 2015.
![Reliance on Emergency Rooms Increases With Affordable Care Act]( "Reliance on Emergency Rooms Increases With Affordable Care Act")
Healthcare insurance was provided to an estimated 20 million Americans who lacked coverage, by the Patient Protection and Affordable Care Act.
The Obama administration will reopen health insurance markets from March 15 to April 30. Though many people won't be able to avoid one penalty, at least they will have the option of avoiding another next tax season. This should have been part of the schedule to begin with, and HHS has the legal flexibility to make it happen.
The administration is putting appropriate limits on its new schedule. The special enrollment period won't stretch far beyond April 15, and it only applies to people who had to pay a 2014 penalty — not to anyone who might want to buy insurance.
A well-planned special enrollment period might have a positive effect on the individual insurance market, especially by attracting more young and healthy people who haven't paid much attention to the ACA's phase-in. The administration should now consider proposals for a permanent calendar change, with the chance to buy coverage with the incentives to purchase insurance that tax season brings.
Source: The Washington Post
Source: Medindia
Reliance on Emergency Rooms Increases With Affordable Care Act
Healthcare insurance was provided to an estimated 20 million Americans who lacked coverage, by the Patient Protection and Affordable Care Act.
Advertisement
The Obama administration will reopen health insurance markets from March 15 to April 30. Though many people won't be able to avoid one penalty, at least they will have the option of avoiding another next tax season. This should have been part of the schedule to begin with, and HHS has the legal flexibility to make it happen.
The administration is putting appropriate limits on its new schedule. The special enrollment period won't stretch far beyond April 15, and it only applies to people who had to pay a 2014 penalty — not to anyone who might want to buy insurance.
A well-planned special enrollment period might have a positive effect on the individual insurance market, especially by attracting more young and healthy people who haven't paid much attention to the ACA's phase-in. The administration should now consider proposals for a permanent calendar change, with the chance to buy coverage with the incentives to purchase insurance that tax season brings.
Source: The Washington Post
Source: Medindia
Affordable Care Act Rolled Out in Kentucky
After its passage, the Affordable Care Act in Kentucky has brought a sea change in health care.
Advertisement
 Muskegon and Oceana Counties Enroll More Than 4000 Residents in Patient Protection and Affordable Care Act PlansMany residents of the Muskegon and Oceana Counties got covered under the Affordable Care Act plans during thelast enrollment period and expected better results during this year's enrollment. | Advertisement
|
Advertisement
Recommended Reading
Latest Health Insurance News
Many states in the United States face shortfall in access to mental health treatment, increasing reimbursement rates for behavioral health services in Medicaid.
Medicare beneficiaries face challenges when accessing contraceptive or birth control care, especially long-acting birth control methods.
Medicaid expansion improves access to care and addresses health gaps in the 11 states that have opted against Medicaid expansion.
: Is Medicare beneficiary to oral health? Following enrollment, traditional Medicare and Advantage beneficiaries used fewer dental services.
A third of women with pregnancy coverage through Medicaid — are uninsured before or after pregnancy, says study.